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Caucasus Journal of Social Sciences
Article . 2023 . Peer-reviewed
License: CC BY
Data sources: Crossref
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International Practice Related to Compulsory MTPL Insurance

Authors: Natia Goliadze;

International Practice Related to Compulsory MTPL Insurance

Abstract

Compulsory MTPL insurance has several public goals, includingfairness, road safety, consumer savings, solving road problems andfeelings of safety. Studies have shown that an increased number ofmotor vehicles increases the number of road accidents and roadconditions are getting worse. At the same time, the social responsibilityfor road accidents is shifting from society to government.That is where the compulsory form enters the field.Compulsory MTPL insurance is a relatively new product for developingcountries and its advantages are vague for society. In mostcases, compulsory insurance is perceived as an additional chargethat burdens the vehicle. This term is less common and not properlyunderstood in developing countries.In order to have a better understanding of compulsory MTPL insurance,this article discusses compulsory forms and stages of developmentof MTPL insurance in different countries. It also focuseson the recommendations for developing countries to properly implementthe compulsory form in their own society.

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    popularity
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    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
hybrid